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    Power Grid, Africa50 Sign JDA For Transmission Line Project In Kenya


    January 17, 2022 - Fitch Solutions Sector Intelligence

     

      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      Power Grid, Africa50 Sign JDA For Transmission Line Project In Kenya

      • 17 Jan 2022
      • Kenya
      • Hydrogen - Infrastructure

      News: Africa50 and Power Grid Corporation of India have signed a joint development agreement to develop the 400kV Lessos – Loosuk and 220kV Kisumu – Musaga transmission line projects in Kenya. The scope of work includes the development, financing, construction and operation of the transmission lines under a public-private partnership model. Under the contract, Power Grid will provide technical and operational consultation, while Africa50 will provide project development and finance expertise and will act as a bridge between the Kenyan government and private investors, according to a press release from Africa50.

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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